Archives May 2018

The Quick Ratio And Its Significance To Tesla

Last update on May 28, 2018.

Image Credit: Jan Faukner / Shutterstock.com

 

Tesla is the most entertaining finance reality show around. On the one hand, you have its CEO Elon Musk claiming he’ll completely revolutionize the auto industry. On the other hand, you have famous hedge fund managers who are comparing the company to Enron.

Lately, the conversation has centered around whether the company could go bankrupt this year. Moody’s, which holds the reputation as the best credit rating agency, downgraded Tesla’s debt rating to B3 earlier this year, signalling that there’s a significant risk that Tesla will indeed go bankrupt. But ...

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My TFSA Update April 2018

Last update on May 21, 2018.

Image Credit: Abraham Magnawa / Shutterstock.com

 

In this series, I (Jin Choi) talk about my goal of reaching $1 million in my TFSA account by 2033. If you want to know what a TFSA is, I recommend you read my free book.

 

April Results: Up 33.2%

At the end of April, I had $61,559 in my TFSA account, which was up by 33.2% since the start of the month. By comparison, the Canadian stock market went up by 1.8% while the U.S. stock market went down by 0.1% in ...

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Searching For A Business Cofounder

Last update on May 14, 2018.

Image Credit: Nong Mars / Shutterstock.com

 

It has now been over 5 years since I launched MoneyGeek. During those years, I’ve experimented with a lot of different product/feature ideas.

A minority of those ideas bore fruit, and they have given me the impetus to keep going today. Starting this blog, for example, has proven to be very worthwhile as it has allowed me to connect t with some fantastic people.

Other initiatives, however, have failed to meet my expectations. One such initiative is the site saevis.com. I created that site a couple of years ...

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The Yield Curve Is Flattening, And It's Making Some Investors Nervous

Last update on May 7, 2018.

Image Credit: Mattz90 / Shutterstock.com

 

At the beginning of every month, I brief members on how MoneyGeek's Regular portfolios have performed and comment on the state of the financial markets. In this update, I’ll also explain what a yield curve is, and why its flattening could be a concern.

 

April Performance of Regular Portfolios

The performance of MoneyGeek's Regular portfolios for the month of April 2018 were as follows:

 

Last Month

Last 12 Months

Since Apr 2013

Aggressive

+0.5%

+6.8%

+98.8%

Growth

+0.4%

+5.8%

+81.9%

Balanced

+0.4 ...

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